Life insurance premium volume to GDP in Serbia

Serbia: Life insurance premium volume to GDP was 0.5% in 2020. ◆ Volatile

Latest (2020)
0.5%
Change on year
up 2.9%
World rank
91st
of 162 countries
All-time high
0.5%
in 2016
All-time low
0.0%
in 2000
Years of data
24
1997–2020

Life insurance premium volume to GDP in Serbia, 1997–2020

00.10.20.30.40.51997200820201997: 0.014 %1998: 0.011 %1999: 0.011 %2000: 0.011 %2001: 0.018 %2002: 0.024 %2003: 0.069 %2004: 0.1 %2005: 0.157 %2006: 0.167 %2007: 0.196 %2008: 0.218 %2009: 0.258 %2010: 0.288 %2011: 0.277 %2012: 0.311 %2013: 0.341 %2014: 0.385 %2015: 0.449 %2016: 0.511 %2017: 0.478 %2018: 0.469 %2019: 0.462 %2020: 0.476 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

In 2020, life insurance premium volume to gdp in Serbia stood at 0.5%.

That represents a change of up 2.9% on the previous year and up 65.3% over ten years.

Over the whole period, life insurance premium volume to gdp in Serbia peaked at 0.5% in 2016 and was at its lowest, 0.0%, in 2000.

Serbia ranks 91st of 162 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Life insurance premium volume to GDP in Serbia, year by year

Annual values for Life insurance premium volume to GDP (%) in Serbia, 1997 to 2020.
Year % Change
1997 0.0%
1998 0.0% -22.6%
1999 0.0% +3.7%
2000 0.0% -5.2%
2001 0.0% +67.0%
2002 0.0% +31.6%
2003 0.1% +189.7%
2004 0.1% +45.4%
2005 0.2% +57.1%
2006 0.2% +6.7%
2007 0.2% +17.1%
2008 0.2% +11.5%
2009 0.3% +18.3%
2010 0.3% +11.4%
2011 0.3% -3.9%
2012 0.3% +12.5%
2013 0.3% +9.7%
2014 0.4% +12.7%
2015 0.4% +16.7%
2016 0.5% +13.8%
2017 0.5% -6.4%
2018 0.5% -1.9%
2019 0.5% -1.4%
2020 0.5% +2.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.0% 3
2000s 0.1% 0.0% 0.3% 10
2010s 0.4% 0.3% 0.5% 10
2020s 0.5% 0.5% 0.5% 1

Countries ranked near Serbia

  1. 88 Zambia 0.5% compare
  2. 89 Tunisia 0.5% compare
  3. 90 Ecuador 0.5% compare
  4. 92 Latvia 0.5% compare
  5. 93 Iran, Islamic Republic of 0.5% compare
  6. 94 Bosnia and Herzegovina 0.4% compare

See the full ranking of 162 places →

More financial sector data for Serbia

All data for Serbia →

Frequently asked questions

What is life insurance premium volume to gdp in Serbia?
Life insurance premium volume to gdp in Serbia was 0.5% in 2020, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Serbia?
The highest recorded value was 0.5% in 2016.
What is the lowest life insurance premium volume to gdp recorded in Serbia?
The lowest recorded value was 0.0% in 2000.
How does Serbia rank for life insurance premium volume to gdp?
Serbia ranks 91st out of 162 countries with data for 2020.
Is life insurance premium volume to gdp rising or falling in Serbia?
Over the last ten years it is up 65.3%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.

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Life insurance premium volume to GDP in Serbia. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/serbia/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.